Sterling Towers Q1 2022 Financial Performance

Performance Snapshot (1/2) The Bank ended the first quarter of 2022 with a profit after tax of N3.5 billion, a 47.9% improvement on the corresponding period in 2021 30,054 16,853 (13,201) Q1 2022 N'million 7,996 24,849 (2,076) 3,741 3,543 (19,032) (198) Interest income Interest expense Net-Interest Non-Interest income income Operating Impairment income charges Operating expenses Profit before taxation Taxes Profit after taxation 25,276 (10,928) Q1 2021 N'million Increase Decrease Total 5,740 20,088 14,348 (1,767) 2,505 2,395 (15,816) (110)

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